Amprius Technologies (NYSE:AMPX) Trading Down 6.3% – Should You Sell?

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price dropped 6.3% during trading on Wednesday . The stock traded as low as $10.16 and last traded at $10.1930. Approximately 4,759,028 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 8,574,231 shares. The stock had previously closed at $10.88.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on AMPX shares. Wall Street Zen cut Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Clear Str initiated coverage on Amprius Technologies in a report on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 price target for the company. Northland Securities set a $24.00 price target on Amprius Technologies in a research report on Monday, May 11th. Roth Capital reaffirmed a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Finally, JonesTrading initiated coverage on Amprius Technologies in a research report on Friday, July 10th. They set a “buy” rating and a $30.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Amprius Technologies presently has an average rating of “Moderate Buy” and an average price target of $22.50.

Amprius Technologies Stock Down 2.2%

The stock’s 50 day moving average price is $14.99 and its 200-day moving average price is $14.92. The stock has a market capitalization of $1.41 billion, a PE ratio of -33.15 and a beta of 2.25.

Amprius Technologies (NYSE:AMPX) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The firm had revenue of $28.54 million for the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, analysts forecast that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.

Insiders Place Their Bets

In other Amprius Technologies news, CEO Thomas M. Stepien sold 2,000 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $20.97, for a total transaction of $41,940.00. Following the sale, the chief executive officer directly owned 625,625 shares of the company’s stock, valued at $13,119,356.25. This trade represents a 0.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Constantin Ionel Stefan sold 3,208 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $17.19, for a total value of $55,145.52. Following the completion of the transaction, the chief technology officer owned 801,310 shares in the company, valued at $13,774,518.90. The trade was a 0.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 310,144 shares of company stock valued at $5,049,997 in the last ninety days. Insiders own 5.10% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AMPX. FNY Investment Advisers LLC lifted its holdings in Amprius Technologies by 89.3% in the 2nd quarter. FNY Investment Advisers LLC now owns 39,302 shares of the company’s stock worth $544,000 after purchasing an additional 18,545 shares in the last quarter. Janus Henderson Group PLC grew its holdings in Amprius Technologies by 35.2% during the 1st quarter. Janus Henderson Group PLC now owns 52,803 shares of the company’s stock valued at $889,000 after buying an additional 13,750 shares in the last quarter. Amundi grew its holdings in Amprius Technologies by 17.3% during the 1st quarter. Amundi now owns 164,589 shares of the company’s stock valued at $2,775,000 after buying an additional 24,283 shares in the last quarter. California State Teachers Retirement System raised its position in shares of Amprius Technologies by 48.2% during the first quarter. California State Teachers Retirement System now owns 159,903 shares of the company’s stock valued at $2,696,000 after buying an additional 51,973 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of Amprius Technologies by 10.9% during the first quarter. Royal Bank of Canada now owns 101,914 shares of the company’s stock valued at $1,718,000 after buying an additional 9,998 shares during the last quarter. 5.04% of the stock is owned by hedge funds and other institutional investors.

About Amprius Technologies

Amprius Technologies, Inc (NYSE: AMPX) is a U.S.-based developer of high-energy-density lithium-ion batteries that leverage silicon anode technology to deliver performance levels beyond conventional graphite-based cells. The company’s batteries are designed to offer industry-leading gravimetric energy density, enabling longer run times and reduced weight for portable power applications. Amprius blends advanced materials science and scalable manufacturing processes to commercialize next-generation battery solutions.

At the core of Amprius’ product portfolio are cylindrical and prismatic cells that employ a proprietary silicon nanowire anode, which supports high charge/discharge rates while maintaining cycle life.